Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Thailand - 2024

Contents:

  1. Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Thailand (CIF) - 2024
  2. Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Thailand (FOB) - 2022
  3. Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Thailand
  4. Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Thailand

Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Thailand (CIF) - 2024

In January 2024, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $880 per ton, waning by -1.6% against the previous month. In general, the import price recorded a perceptible setback. The pace of growth appeared the most rapid in May 2023 an increase of 10% against the previous month. The import price peaked at $1,332 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In January 2024, the countries with the highest prices were China ($939 per ton) and Malaysia ($913 per ton), while the price for South Korea ($841 per ton) and Singapore ($876 per ton) were amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (-2.2%), while the prices for the other major suppliers experienced a decline.

Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Thailand (FOB) - 2022

The average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $1,431 per ton in 2022, surging by 38% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses increased by +114.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vietnam ($1,661 per ton) and India ($1,513 per ton), while the average price for exports to China ($1,218 per ton) and Indonesia ($1,437 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Thailand

After three years of growth, overseas purchases of vinyl acetate copolymers; in aqueous dispersion, in primary formses decreased by -33.9% to 4.6K tons in 2022. Overall, imports showed a deep downturn. The pace of growth was the most pronounced in 2020 when imports increased by 14%.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses fell to $7.1M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of $8.1M, and then dropped in the following year.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore2.52.33.13.06.3%
Malaysia0.70.71.22.144.2%
South Korea3.02.32.91.3-24.3%
China0.20.40.30.426.0%
Others0.10.20.60.458.7%
Total6.65.98.17.12.5%

Top Suppliers of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms to Thailand in 2022:

  1. Singapore (2040.5 tons)
  2. Malaysia (1344.2 tons)
  3. South Korea (762.2 tons)
  4. China (293.1 tons)

Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Thailand

In 2022, shipments abroad of vinyl acetate copolymers; in aqueous dispersion, in primary formses decreased by -47.4% to 1.7K tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a perceptible contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 83% against the previous year. As a result, the exports attained the peak of 3.5K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses fell sharply to $2.5M in 2022. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 65% against the previous year.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5485021,0491,42637.5%
China6751,6081,9496820.3%
Indonesia13612616619613.0%
Vietnam32.515.716182.736.5%
Others36.310012711245.6%
Total1,4282,3523,4512,49820.5%

Top Export Markets for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms from Thailand in 2022:

  1. India (942.4 tons)
  2. China (560.0 tons)
  3. Indonesia (136.4 tons)
  4. Vietnam (49.8 tons)

Source: IndexBox Market Intelligence Platform

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